Foreign Exchange 101: What Happens When You Send Money Abroad?
发布时间 2023-09-21 14:00:28 来源
摘要
The process of moving money between countries is complicated, costly, and prone to delays. How does it work? An animated guide to the sticking points behind cross-border payments.
0:38: Why are cross-border payments so complicated?
0:57: The process of moving money: How does money go from one country to another?
1:29: "Nostro" and "vostro" accounts: what they are and how they work
2:45: Correspondent banking explained
3:40: Why does sending money abroad take so long?
4:50: Laws that need to be complied with
5:40: Explore more at: a16z.com/global-payments
Explore more: a16z.com/global-payments
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